Last week there was a very interesting article in the National Post. In it, Toronto was named the 8th most expensive city in the world. More expensive than Dubai, Paris, London and Los Angeles.

Some of this has to do with currency rates and inflation, etc., but I have been saying since I arrived in Toronto that this is a very expensive city.

And because I am that kind of person, what does this mean for the people who are poor? This study doesn’t say anything about poverty in any of these cities. Seems that there has to something more to say about this.